Squid Game Coin Scam

Saturday 19 February 2022

However, on monday, the token hit a high of just over $2,860 before plummeting to nearly. 17 149 less than a minute.

SQUID GAME Coin Scammers Make 3.3 M/will SEC intervene

The november 1st event led to the crash of the squid game coin and showed it for the scam token it was.

Squid game coin scam. A new crypto coin inspired by the popular south korean tv show ‘squid game’ made. Squid game crypto coin today… 1:35am: The way the squid games coin scam worked is simple, as far as crypto goes.

With squid game being one of the hottest shows on netflix right now, squid, a new trending cryptocurrency named for the show capitalised off its popularity. Squid game crypto coin scam revealed. Netflix’s squid game is the most popular streaming show in the world right now, so it makes sense that scammers would use the name without permission.

A digital currency based off the popular netflix series squid game is trading at $0 after its creators cashed out, effectively stealing an estimated $2.1 million from investors. The squid crypto coin wasn't officially affiliated with squid game, the popular netflix show that debuted on september 17.anyone who visited its squidgame.cash (now defunct) or read its twitter. The way the squid games coin scam worked is simple, as far as crypto goes.

Squid coin, a cryptocurrency inspired by the hit netflix show squid game, turned out to be one big scam as its creators performed a rug pull on investors on monday. Per the washington post, the value of a squid game crypto coin dropped from a high of about $2,860 to about zero. A digital token inspired by the popular south korean netflix series squid game has lost almost all of its value as it was revealed to be an.

The anonymous hucksters behind a squid game cryptocurrency have officially pulled the rug on the project, making off with. This was a “rug pull.” Its value went from almost $3000 to less than a penny in the blink of an eye.

It takes advantage of the liquidity pool that exists between the squid tokens issued and commensurate tokens (bnb tokens. We will report back soon on any updates 10/29/2021 do not buy.repeat do not buy. Squid game coin is making news as the market value suddenly hiked to $2.34 from one cent on friday.

Among the many red flags was one giant, flashing alarm: As per the reports, the anonymous creators of squid game coin sold their entire holdings rapidly on sunday, bringing down the coin’s value to $0, a phenomenon described as “rug pull” in financial parlance. Professor prasad stated buyers need to be careful when purchasing cryptocurrencies as there is almost no regulative oversight.

Et, the value of the squid game coin had collapsed 99.99 percent to a paltry $0.026 per coin, down from $2,856.64 per coin. If 1 squid coin is $12 and marbles are currently $4 x5 that is spending $20 in marbles to sell just one $13 coin. But, we found two different perspectives in our research and hence we can’t confirm whether or not the coin is a scam.

This is not what the white paper said. But it turns out that the cryptocurrency was a scam. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the squid game protocol is but a good measure of longevity is how well the project is known by the general public.

People unable to sell on pancakeswap? The squid game coin featured all the hallmarks of a crypto scam, as gizmodo helpfully pointed out last week. They are lying and it is a scam.

The show depicts a deadly survival game set in south korea, in which financially unstable players compete and risk their lives. The creators of the coin earned about $3.3 million in funds. Some investors reported being taken in by the coin’s name, believing there was a relationship between the currency and the netflix project.

Squid coin was all one big scam, surprising no one. Crypto currency news guy october 31, 2021. The new netflix series “squid game” appeared to inspire a new cryptocurrency.

But, holders who are unable to trade or sell their coins are considering squid game coin scam. Since then it jumped up by roughly 80,000%, and an additional 2,000% in just one day. By polly jean harrison november 3, 2021.

The scam the cryptocurrency was based on the netflix original show called squid game that garnered a lot of popularity. How do we know the squid game coin is a. It takes advantage of the liquidity pool that exists between the squid tokens issued and commensurate tokens (bnb tokens.

Some people have reported being able to sell 1 squid coin for 5 marbles. The quick succession of the rise in the value of the squid game coin on the 1st of november where the price of the squid game token moved from $38 at 6 am london time to $90 in the next hour, then to $181 by 8 am to $523 by 9 am. People unable to sell on pancakeswap?

The awareness score indicates how well squid game protocol is known in the main stream. Squid game protocol awareness score. The squid coin scam was covered uncritically by mainstream news outlets.

Squid game coin scam, pc taken on 05/11/2021 “it is one of many schemes by which naïve retail investors are drawn in and exploited by malevolent crypto promoters,” cornell university economist eswar prasad told the bbc. This squid game cryptocurrency was launched by developers with the intent to have it cooperate with a game they were said to release sometime in november.

SQUIDCoin Der größte Scam der KryptoGeschichte